Sam Altman has been fired as CEO of OpenAI, the company announced on Friday.
“Mr. Altman’s departure follows a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities,” the company said in its blog post.
EDITED TO ADD direct link to OpenAI board announcement:
https://openai.com/blog/openai-announces-leadership-transition
Nah, competent boards want a CEO that will inspire investor confidence and pull in good numbers. Something Altman was doing in an above-and-beyond fashion.
I’m sure there was something going on behind the scenes and he pissed off some important bumblefuck.
It’s the non-profit board, none of whom have equity and at the end of their announcement reiterated the importance of their original non-profit founding charter despite the spinning off of the for profit entity owned by the non-profit.